A New Bitcoin Bull Market Is Nearing, Says Legendary Trader
Peter Brandt laid out two scenarios for bitcoin last month. The recent price action of bitcoin suggests that Brandt’s immediate bull scenario is playing out. Brandt teases his followers with the possibility of a bull run in his latest tweet. The most followed trader on Twitter, Peter Brandt, made his Bitcoin Live Crypto report available…
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Iranian Conflict a Successful Beta Test for Bitcoin as Wartime Safe Haven
Bitcoin’s use-case has evolved over time. Recently, the top cryptocurrency has been surging under the safe haven narrative. While both gold and bitcoin moved higher due to geopolitical risk, the cryptocurrency has significantly outperformed the precious metal. Bitcoin’s primary use-case is continuously evolving. At first, many thought the cryptocurrency would be the next generation payment…
ICON (ICX) Goes Parabolic as Price Triples for No Apparent Reason
Cryptocurrency ICON rallies more than 70% on Tuesday, reaching a fresh 18-month high. The altcoin has rallied more than 326% year-to-date despite no change in fundamental direction. While it’s still too early to declare ‘alt season,’ crypto values have appreciated more than $67 billion in 2020. Suddenly and without warning, cryptocurrency ICON (ICX) has been…
Adam Back: $10 Million Bitcoin Prediction Is ‘Closer Than It Sounds’
Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin a reserve currency? Some analysts believe U.S. dollar inflation will push bitcoin higher. According to Blockstream founder and cypherpunk, Adam Back, Hal Finney’s $10 million price point for bitcoin isn’t so far fetched, though, the reasons behind these levels may not be as apparent as…
Bitcoin Made Early Investors Stinking Rich but It’s No Mastercard Killer
Charlie Bilello highlights the performance of Mastercard and Visa in an attempt to shoot down bitcoin. In terms of returns, bitcoin has dramatically outperformed the two financial companies. When it comes to transaction volume, Visa and Mastercard have significantly outpaced the cryptocurrency. Bitcoin has no shortage of critics. Some of them love to cherry pick…
After Sinking 97%, This Altcoin Just Woke Up with a 23% Surge
NEM (XEM) gains 23% in overnight surge. The Altcoin was previously down 97% since the market peak of January 2018. XEM coin now up 71% since December, but can we bank on this being a new alt-season? The 29th ranked cryptocurrency NEM (XEM) clawed back almost one-quarter of its value leading into Saturday morning. The…
Bitcoin is the Hotmail of Crypto, and the Real Sh*tcoin: John McAfee
Altcoin King John McAfee derides BTC as the real sh*tcoin of the cryptocurrency world. McAfee compares BTC to hotmail – a once ubiquitous service that eventually faded away. The self-declared U.S. presidential candidate says the future of the cryptocurrency space lies with altcoins. Bitcoin (BTC) is the hotmail of the cryptocurrency world. That’s according to…
Dash Takes Massive Leap with 62% Overnight Surge
Dash gains 62% in a matter of hours early on Wednesday morning. Highest coin price recorded for the cryptocurrency since July 2017. CoinMarketCap reports an incredulous 2.2 trillion in trade volume. The cryptocurrency Dash returned to prominence on Wednesday after a sizable 62% growth surge over a matter of hours. On Tuesday afternoon, one unit…
Dow Sags as Cramer Shreds Boeing for Wild ‘Clowns & Monkeys’ Memo
The Dow briefly touched 29,000 before dropping from record highs. Boeing was once again a problem for the DJIA, and Jim Cramer roasted the company over the shocking memos being reviewed by the FAA. An average jobs report reinforced Nordea’s view that the Federal Reserve will have to cut rates in 2020. The Dow Jones…
Dow Rebounds After Trump Thaws Trade War with Surprise Gift to China
Donald Trump lifted the stock market on Monday by removing China from its blacklist of “currency manipulators.” The Dow reacted positively, though it lagged the tech sector. Analysts are worried about the upcoming release of crucial economic data this week. The Dow Jones moved higher to start the week as investors cheered the Trump administration’s…
PewDiePie Shamelessly Shills TRON and Ponzi Blockchain DLive
PewDiePie’s credibility is in question after he shamelessly plugged a rather dubious cryptocurrency project DLive claims to be blockchain-based but their proprietary currency has some major issues If you blindly trust everything that Felix Kjellberg says you need to re-evaluate your priorities Swedish digital influencer Felix ‘PewDiePie’ Kjellberg is almost certainly not short of cash.…
BiKi’s Ethan Ng Addresses the Rise of Central Bank Digital Currencies
16th January, 2020, Singapore – 2019 has seen digital assets trading firm BiKi.com traverse the globe to internationalize its brand. Countries such as Vietnam, South Korea, Japan, Russia, Uruguay, United Arab Emirates, Malta and other Western nations have been on the BiKi agenda for expansion or globalization plans. The crypto exchange has thus been able…
Institutional Money May Be Igniting the Current Bitcoin Rally
There are several theories that can explain the current bitcoin pump. The revelation that Grayscale raked in close to $200 million in Q4 investments may explain why the cryptocurrency bottomed out in December. New investments must keep flowing in or there’s a chance that BTC drops all the way down to $5,000. Bitcoin recorded another…
The Dark Side of Becoming the ‘Next Bitcoin’
The CEO of altcoin project uPlexa revealed to CCN.com the obstacles posed by a greedy and corrupt cryptocurrency space. Centralized exchanges have become the banks of the cryptocurrency world. If you’re not partnered with the top 1%, it’s going to be a very long journey for your altcoin. Your favorite altcoin’s path to becoming the…
Ethereum Classic Skyrockets Over 100% with a Dash of Binance Leverage
The ethereum classic price (ETC) rallied 40% over the last 24 hours. ETC has more than doubled this week. ETC is now a top 10 cryptocurrency by market cap. An ETC futures product that launched this week catalyzed the price action. A recent technical upgrade is also a likely factor. The ethereum classic price is…
